Christopher J. Williams - Oct 1, 2025 Form 4 Insider Report for UNION PACIFIC CORP (UNP)

Role
Director
Signature
By: Trevor L. Kingston, Attorney-in-Fact For: Christopher J. Williams
Stock symbol
UNP
Transactions as of
Oct 1, 2025
Transactions value $
$51,408
Form type
4
Date filed
10/2/2025, 01:24 PM
Previous filing
Oct 2, 2025
Next filing
Nov 6, 2025
SEC
View on sec.gov

Reporting Owners (1)

Name Relationship Address Signature Signature date CIK
WILLIAMS CHRISTOPHER J Director 1400 DOUGLAS STREET, OMAHA By: Trevor L. Kingston, Attorney-in-Fact For: Christopher J. Williams 2025-10-02 0001269949

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction UNP Phantom Stock Award $51.4K +219 +3.95% $234.74 5.76K Oct 1, 2025 Common Stock 219 $0.00 Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Distribution ratio for Phantom Stock Units is 1:1.
F2 Phantom Stock Units are payable in cash only commencing at retirement.